Apple Hospitality REIT, Inc. (APLE) Financial Statements (2026 and earlier)

Company Profile

Business Address 814 EAST MAIN STREET
RICHMOND, VA 23219
State of Incorp. VA
Fiscal Year End December 31
Industry (SIC) 6798 - Real Estate Investment Trusts (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments8,51510,25310,2874,0773,2825,556
Cash and cash equivalent8,51510,25310,2874,0773,2825,556
Total current assets:8,51510,25310,2874,0773,2825,556
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization 80,91683,95486,99290,03093,068192,751
Operating lease, right-of-use asset 23,25924,33125,38926,34827,06127,250
Total noncurrent assets: 104,175108,285112,381116,378120,129220,001
Other undisclosed assets4,789,4884,851,3824,814,6304,652,2594,667,1164,604,202
TOTAL ASSETS:4,902,1784,969,9204,937,2984,772,7144,790,5274,829,759
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Noncurrent Liabilities
Other undisclosed liabilities1,753,5831,704,0611,613,3171,594,3191,643,2061,800,412
Total liabilities:1,753,5831,704,0611,613,3171,594,3191,643,2061,800,412
Equity
Equity, attributable to parent, including:3,148,5953,265,8593,323,9813,178,3953,147,3213,029,347
Common stock4,719,9004,771,0054,794,8044,577,0224,569,3524,488,419
Accumulated other comprehensive income (loss)2,25115,58720,40436,881(15,508)(42,802)
Other undisclosed equity, attributable to parent(1,573,556)(1,520,733)(1,491,227)(1,435,508)(1,406,523)(1,416,270)
Total equity:3,148,5953,265,8593,323,9813,178,3953,147,3213,029,347
TOTAL LIABILITIES AND EQUITY:4,902,1784,969,9204,937,2984,772,7144,790,5274,829,759

Income Statement (P&L) ($ in thousands)

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues1,412,3861,431,4681,343,8001,238,417933,869601,879
Cost of revenue(950,170)(941,997)(860,032)(785,173)(617,754)(491,370)
Cost of product and service sold(847,322)(837,871)(780,725)(710,481)(542,178)(402,278)
Gross profit:462,216489,471483,768453,244316,115110,509
Operating expenses(217,528)(216,456)(236,287)(248,551)(232,667)(223,403)
Other undisclosed operating income13,11619,744 1,7853,59610,854
Operating income (loss):257,804292,759247,481206,47887,044(102,040)
Interest and debt expense (5,847)(5,867)(5,877)(5,872)(9,415)(3,800)
Other undisclosed loss from continuing operations before equity method investments, income taxes      
Income (loss) from continuing operations before equity method investments, income taxes:251,957286,892241,604200,60677,629(105,840)
Other undisclosed loss from continuing operations before income taxes(75,634)(71,881)(62,980)(53,861)(58,333)(67,035)
Income (loss) from continuing operations before income taxes:176,323215,011178,624146,74519,296(172,875)
Income tax expense(959)(947)(1,135)(1,940)(468)(332)
Income (loss) from continuing operations:175,364214,064177,489144,80518,828(173,207)
Income (loss) before gain (loss) on sale of properties:18,828(173,207)
Net income (loss) available to common stockholders, diluted:175,364214,064177,489144,80518,828(173,207)

Comprehensive Income ($ in thousands)

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income (loss):175,364214,064177,489144,80518,828(173,207)
Comprehensive income (loss):175,364214,064177,489144,80518,828(173,207)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(13,336)(4,817)(16,477)52,38927,294(38,104)
Comprehensive income (loss), net of tax, attributable to parent:162,028209,247161,012197,19446,122(211,311)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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